INTERVIEW Litecoin Creator Charlie Lee with Andy Hoffman on Bitcoin Litecoin and the Future of Cryptocurrencies

INTERVIEW Litecoin Creator Charlie Lee with Andy Hoffman on Bitcoin Litecoin and the Future of Cryptocurrencies:

Excellent interview of Charlie Lee, the creator of Litecoin ($LTC).

Litecoin was created to be as “the silver to Bitcoin’s gold.” A faster, decentralized cryptocurrency with lower fees for small transaction (cup of coffee, lunch, pair of shoes) than bitcoin.

In this thought process a person would want to use bitcoin as a store of value but not really as a vehicle for small transactions. That would allow bitcoin to focus on its security and power as a store of value and not so much in focusing on trying to get fees as low as possible while softening their focus on its security… which is a big function of its “store of value” quality.

Litecoin is secure, faster, lower fees and designed for use in small transactions.